The plan includes improvements in sanitation, lighting and rezoning for the busy thoroughfare.
Community boards for the two neighborhoods may join a multi-board task force in Midtown.
The City Council and Trinity Real Estate altered the plan to transform the lower west side.
The bicycle parking stations would close off a portion of Park Avenue near Grand Central Terminal.
New schools are set to open to handle the area's growing population.
Parents at P.S. 10 are hoping to start the language immersion program as soon as this fall.
Developers would be required to chip into a District Improvement Fund before getting building permits.
Developing Park Avenue underneath the Metro-North viaduct is a priority of the zoning proposal.
Elizabeth Garraway, proposed leader of P.S. 118, said she'll prepare students for college and the world.
P.S. 118, the new school opening this fall in Park Slope, will host an open house Tuesday night.
The Municipal Art Society asked the city's Landmarks Preservation Commission to landmarks the buildings.
The plan would allow the zoning to be tailored to very specific areas.
The overhaul would create retail, restaurants and a cooking school on the site.
The rezoning shrinks the zones for overcrowded P.S. 321 and P.S. 107 and enlarges the zone for P.S. 10.
The District 15 CEC will vote Wednesday night on whether to rezone P.S. 321 and other Park Slope schools.
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